Following the August reporting season, brokers have reviewed their ratings and 12-month price targets on hundreds of ASX stocks.

Here are some companies that scored reaffirmed buy ratings following their latest financial reports.

CSL Ltd (ASX: CSL)

The CSL share price is $175.12, up 0.7% today.

Over the past month, this ASX 200 healthcare share has ripped 41% higher.

Morgans renewed its buy rating on CSL shares with a 12-month price target of $187.71.

This suggests a potential 7% upside ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $63.69, up 2.5% today.

This ASX 200 mining share has ascended 10% over the past month.

RBC Capital reiterated its buy rating on Mineral Resources shares with a price target of $80.

This implies a potential 25% upside ahead.

Santos Ltd (ASX: STO)

The Santos share price is $8.26, up 7.4% today.

This ASX 200 energy share has increased 8% over the past month.

Citi renewed its buy rating on Santos shares.

The broker raised its 12-month price target from $8.30 to $9.

This suggests a potential 9% upside ahead.

BHP Group Ltd (ASX: BHP)

The BHP share price is $64.01, down 1% today after going ex-dividend.

Over the past month, this ASX 200 copper share has risen 5%.

Morgan Stanley reaffirmed its buy rating on BHP shares.

The broker raised its 12-month target from $67.50 to $68.

This suggests a potential 6% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas share price is $15.46, up 2.3% today.

This ASX 200 mining share has leapt 10% over the past month.

JP Morgan reiterated its buy rating on Lynas shares with a price target of $19.10.

This implies a potential 23% upside ahead.

Nine Entertainment Co. Holdings Ltd (ASX: NEC)

The Nine Entertainment share price is 97 cents, up 1% today.

Over the past month, this ASX 200 communications share has fallen 2%.

Morgan Stanley reaffirmed its buy rating on Nine shares with a 12-month target of $1.40.

This suggests a potential 42% upside ahead.

Coles Group Ltd (ASX: COL)

The Coles share price is $23.58, up 0.3% today.

Over the past month, this ASX 200 consumer staples share has fallen 3%.

Morgan Stanley reiterated its buy rating on Coles shares.

The broker increased its price target from $25 to $25.80.

This implies potential capital gains of 9% ahead.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is $9.35, up 1.3% today.

This ASX 200 travel share has fallen 9% over the past month.

Morgan Stanley renewed its buy rating on Qantas shares with a $12.80 target.

This implies potential capital growth of 36% over the next year.

NextDC Ltd (ASX: NXT)

The NextDC share price is $12.70, down 0.2% today.

Over the past month, this ASX 200 tech share has fallen 6%.

UBS renewed its buy rating on NextDC shares with a $23.45 target.

This suggests a potential 85% upside ahead.

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is $11.31, up 1.8% today.

Over the past month, this ASX 200 uranium share has soared 20%.

Canaccord Genuity renewed its buy rating on Paladin Energy shares.

The broker raised its 12-month price target from $15.40 to $15.80.

This suggests a potential 40% upside ahead.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is $11.52, down 0.3% today.

Over the past month, this ASX 200 travel share has fallen 13%.

JP Morgan renewed its buy rating on Flight Centre shares with a $15.30 target.

This suggests a potential 32% upside ahead.

The post 11 ASX 200 shares with reaffirmed buy ratings post-results appeared first on The Motley Fool Australia.

Materials and mining stocks rose by a modest 2.5% over the week, according to CommSec data.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) closed out the week up 0.37% to 9,092.3 points on Friday.

Only four sectors finished in the green last week.

Let's review.

ASX materials and mining shares led the market

As earnings season continued last week, several ASX mining shares reached new record highs.

Among them was BHP Group Ltd (ASX: BHP), which reset its historical high at $68.77 per share on Wednesday.

BHP is not only the largest miner on the market, it's also the most valuable company of the entire ASX 200.

The BHP share price finished the week 3.28% higher at $67.30 per share.

The Fortescue Ltd (ASX: FMG) share price increased 1.8% to $18.07.

Rio Tinto Ltd (ASX: RIO) shares lifted 1.52% to $178.04.

Diversified ASX 200 miner, Mineral Resources Ltd (ASX: MIN), fell 1.25% to $65.46 per share.

The South32 Ltd (ASX: S32) share price leapt 7.36% to $5.25 on Friday.

Pure-play ASX copper share Sandfire Resources Ltd (ASX: SFR) surged 7.81% to $23.34 per share.

ASX gold share Northern Star Resources Ltd (ASX: NST) ascended 3.38% to $24.78.

Newmont Corporation CDI (ASX: NEM) shares rose 1.64% to $182.80.

The Evolution Mining Ltd (ASX: EVN) share price closed at $15.67, up 2.08%.

ASX 200 lithium stock PLS Group Ltd (ASX: PLS) jumped 5.72% to $5.36 per share.

The IGO Ltd (ASX: IGO) share price rose 2.63% to $8.58.

Lynas Rare Earths Ltd (ASX: LYC) shares edged 0.31% higher to $16.26.

Among the non-mining ASX 200 materials shares, BlueScope Steel Ltd (ASX: BSL) rose 1.48% to $30.86.

The James Hardie Industries plc (ASX: JHX) share price fell 3.31% to $41.42.

Orica Ltd (ASX: ORI) shares decreased 0.81% to $21.98.

Several mining shares are among 37 companies going ex-dividend next week.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 mining shares outperform in final week of earnings season appeared first on The Motley Fool Australia.

I've selected three of UBS' new research notes that look at ASX mining stocks it thinks will outperform over the next 12 months.

Let's see who they like.

Mineral Resources Ltd (ASX: MIN)

Mineral Resources delivered its strongest ever financial result this week, posting record revenue of $6.5 billion and underlying net profit of $822 million, up 831%.

The iron ore and lithium miner also shocked the market with a much larger-than-expected dividend, paying 83 cents per share, up from nothing the previous year.

Managing director Chris Ellison said of the result:

The past 12 months stand among the most significant in MinRes' history. Record operational and financial results reflect years of strategic investment, positioning the company to enter its third listed decade with a stronger foundation than at any point in our 20-year journey on the ASX. Onslow Iron achieved nameplate capacity of 35Mtpa in August 2025, just three years after we reached a Final Investment Decision. The speed of delivery is a demonstration of the inhouse capability we have developed across the business, with strong cash flow from the project now accelerating the deleveraging of the balance sheet.

UBS said the company beat expectations across all key metrics and had a healthy balance sheet.

They expect to see higher earnings in the current year as iron ore, lithium, and mining services all ramp up.

UBS has a $76 price target on Mineral Resources shares, compared with the current $64.09.

Capricorn Metals Ltd (ASX: CMM)

UBS said there were no real surprises in the Capricorn result, with EBITDA slightly below expectations, driven by higher corporate and exploration costs.

The gold company's full-year sales revenue came in at $769.3 million, up 46%, while net profit was 59% higher at $327.2 million.

Capricorn also declared a 5-cent dividend, fully franked.

For FY27, the company is forecasting gold production of 137,000 to 147,000 ounces, up 18.3% on the FY26 guidance, at an all-in sustaining cost of $1900 to $2100 per ounce.

UBS has a price target of $20.25 on Capricorn shares, compared with the current price of $17.42.

Lynas Rare Earths Ltd (ASX: LYC)

Lynas' net profit of $222.4 million came in below expectations, on record revenue of $977.9 million.

The company also received a record price across all of its rare earths products.

The company is ramping up production across various assets and investing heavily in its Towards 2030 growth strategy, for which the company raised $932 million in new equity during the year.

UBS has a $22.50 price target on Lynas shares, compared with the current $16.19.

The post 3 ASX mining stocks UBS rates as a buy appeared first on The Motley Fool Australia.

By the time the markets closed, the ASX 200 had dropped a nasty 0.98%. That leaves the index at 9,038.2 points.

This tough Thursday for Australian investors came after a milder night on the US markets.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't hold water, falling 0.21%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared better, only losing 0.081% of its value.

But let us return to the local markets now for a closer look at how the different ASX sectors traversed this Thursday's tough trading conditions.

Winners and losers

It was a bleak landscape out on the boards today, with only two sectors managing to escape intact.

Firstly, though, it was consumer discretionary stocks that copped the worst of it today. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) was slammed, crashing 3.18% lower.

Tech shares suffered too, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) plunging 2.38%.

Gold stocks didn't hold their value either. The All Ordinaries Gold Index (ASX: XGD) tanked 1.54% this session.

Real estate investment trusts (REITs) were in a similar boat, as you can tell by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 1.45% dive.

Consumer staples shares were no safe haven. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) cratered 1.43% today.

Nor were mining stocks, with the S&P/ASX 200 Materials Index (ASX: XMJ) copping a 1.18% beating.

Communications shares had a day to forget, too. The S&P/ASX 200 Communication Services Index (ASX: XTJ) saw its value erode 1.06%.

Utilities stocks also suffered, evident by the S&P/ASX 200 Utilities Index (ASX: XUJ)'s 0.99% tumble.

Financial shares weren't popular either. The S&P/ASX 200 Financials Index (ASX: XFJ) slid 0.68% lower this Thursday.

Our last losers were energy shares, with the S&P/ASX 200 Energy Index (ASX: XEJ) slipping down 0.19%.

Turning to the two green sectors now, the best place to hide out today was in healthcare stocks. The S&P/ASX 200 Healthcare Index (ASX: XHJ) was spared, lifting a comfortable 0.23%.

Finally, our other winners were industrial shares, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.03% bounce.

Top 10 ASX 200 shares countdown

Our chart-topper this Thursday was healthcare stock Ramsay Health Care Ltd (ASX: RHC). Ramsay shares surged 13.72% higher this session to hit $50.06 by close. This came after the company reported its latest earnings this morning.

Here's how the other top stocks landed their planes:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

What did Lynas Rare Earths report?

• Revenue: $977.9 million, up 76% from FY25
• Net Profit After Tax (NPAT): $222.4 million, a huge jump from $8.0 million last year
• EBITDA: $386.0 million, up 282% on FY25
• No dividend declared or paid for the period
• Net tangible assets per share: 350.91 cents, up from 250.62 cents
• Cash and short-term deposits: $1,209.1 million at 30 June 2026

What else do investors need to know?

Lynas delivered record rare earth production volumes, with ready-for-sale rare earth oxide (REO) output up 25% to 13,089 tonnes and neodymium-praseodymium (NdPr) production up 11% to 7,260 tonnes. This helped drive a record average selling price of $80.7/kg across all rare earth products.

The company strengthened its balance sheet following the successful completion of a $750 million institutional placement and a $182 million share purchase plan. These funds will support Lynas' Towards 2030 growth strategy, which focuses on ramping up production and expanding into the downstream magnet and metal supply chain outside China.

In addition, Lynas renewed its Malaysia operating licence for 10 years, providing greater certainty for long-term investment. Major projects such as the Mt Weld expansion and a new hybrid renewable power station were completed during the year, improving operational efficiency and sustainability.

What's next for Lynas Rare Earths?

Lynas continues to progress its Towards 2030 growth strategy by expanding production capacity, resource development at Mt Weld, and increasing heavy rare earth product output at its Malaysian facility. The company has signed significant supply agreements with Japanese and US customers, providing price floors and reducing volatility.

A key focus for the year ahead is ramping up new assets, further improving sustainability (with 93% renewable energy for Mt Weld operations in 2H FY26), and growing its presence in the global magnet and metal supply chain. The board is also conducting a global search for a new CEO following Amanda Lacaze's retirement.

Lynas Rare Earths share price snapshot

Over the past year, the Lynas Rare Earths share price has beaten the S&P/ASX 200 index (ASX: XJO) with a gain of 12%.

View Original Announcement

The post Lynas Rare Earths posts record FY26 profit and revenue as growth ramps up appeared first on The Motley Fool Australia.

That leaves the index at 9,145.8 points, its highest level since late February.

This delightful day on the Australian markets followed a euphoric start to the American trading week, up on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) was on fire, banking a 1.32% rise.

Meanwhile, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) climbed even higher, gaining a happy 2.13%.

But let's get back to our local markets now and take stock of how today's optimism filtered down across the various ASX sectors.

Winners and losers

Today's gains were almost evenly distributed, with only one corner of the market missing out.

That unlucky sector was utilities stocks. The S&P/ASX 200 Utilities Index (ASX: XUJ) was left out in the cold, tumbling 0.42%.

But it was all gravy everywhere else.

Leading the winners were tech shares, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) rocketing 3.93%.

Healthcare stocks ran hot as well. The S&P/ASX 200 Healthcare Index (ASX: XHJ) recorded a 2.36% surge in value this Tuesday.

Financial shares were also in high demand, illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s 1.93% pole vault.

Gold stocks didn't miss out. The All Ordinaries Gold Index (ASX: XGD) soared 1.88% higher today.

Nor did communications shares, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) galloping up 1.63%.

Next came real estate investment trusts (REITs). The S&P/ASX 200 A-REIT Index (ASX: XPJ) saw a 1.39% spike this session.

Mining stocks overcame an early dip to finish comfortably higher, as you can see by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 1.08% lift.

Industrial shares joined the party, too. The S&P/ASX 200 Industrials Index (ASX: XNJ) finished the day 1.04% higher.

Energy stocks were at the party as well, with the S&P/ASX 200 Energy Index (ASX: XEJ) adding 0.74% to its total.

Consumer discretionary shares managed to stay on investors' good side. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advanced 0.21% this Tuesday.

Finally, we can say something similar for its consumer staples counterpart, evidenced by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.15% bump.

Top 10 ASX 200 shares countdown

Defence stock DroneShield Ltd (ASX: DRO) was our winner this Tuesday, beating out some stiff competition. DroneShield shares exploded 14.6% higher today, closing at $2.08 each.

This may have been a rebound move following the company's exceedingly rough July.

Here's how the other winners pulled up at the kerb: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Here are three of them, and they're all forecast to rise by 28% to 38% over the next 12 months.

Lynas Rare Earths Ltd (ASX: LYC)

Lynas Rare Earths shares are up nearly 5% in Tuesday afternoon trade. At the time of writing, the shares are changing hands at $14.68 a piece. The latest uptick is good news for investors, following a 37% tumble from a 15-year high in mid-April to a low of $13.81 last week. It's not all bad news, though. The shares are still up around 20% year to date and 31% higher than 12 months ago.

It looks like a lot of the share price declines were down to investors taking their gains off the table after a strong rally earlier this year. 

The rare earths miner's fourth-quarter update in late July hasn't helped sentiment either. For the three months to 30 June, Lynas recorded gross sales revenue of $288.9 million, up 69.7% year on year. That marks the miner's highest quarterly revenue since Q4 FY 2022. Sales receipts of $297.1 million were up 94.6%.

On paper, the results were strong, but it looks like they came in below expectations, and the sell-off continued.

Brokers are optimistic, though. Market Index data show they expect Lynas' shares to jump again this year. The majority of brokers have a buy rating on the ASX 200 miner's shares, and the $19.85 average target price implies a potential 35% upside, at the time of writing. 

Vault Minerals Ltd (ASX: VAU)

Vault Minerals shares are also climbing higher today. At the time of writing, the shares are up around 2% to $4.96 a piece. The ASX 200 gold company's shares started off strong in early 2026, but crashed nearly 40% in March and have struggled to recover. They're now down around 10% year to date, but an impressive 93% higher than this time last year.

They declined amid a broad-based sell-off of ASX gold stocks following the escalation of conflict between the US and Iran, resulting in global economic uncertainty. It also looks like investors were using the opportunity to take gains off the table after a strong price rally in late 2025. 

Vault Minerals posted its June quarter results late last week. The company closed FY26 on a strong note, achieving production guidance despite all-in sustaining cost (AISC) finishing marginally above the guided range. 

Brokers are very optimistic about the outlook for the gold miner. Market Index data show the majority have a buy rating on the ASX 200 gold shares. They tip a potential 38% upside to an average target price of $6.83, at the time of writing.

Megaport Ltd (ASX: MP1)

Megaport shares have jumped nearly 7% on Tuesday, to $19.14 at the time of writing. The shares have now rebounded 18% from a dip of $16.23 on Thursday last week. Megaport shares have had an incredible rally so far this year.

After dipping to a three-year low of just $6.48 in early April, the software-defined network (SDN) service provider's shares have rebounded a huge 195%. The shares are now up around 61% year to date and 34% higher than 12 months ago.

The company is rapidly expanding into the AI infrastructure space through its acquisition of Latitude.sh and several AI-focused contracts. Over the past couple of months, Megaport has announced several major AI infrastructure contracts worth hundreds of millions of dollars. 

Brokers are also bullish that the rally can continue for these ASX 200 tech shares. Market Index data shows that all brokers have a buy rating on the stock. The $24.51 target price implies a potential 28% upside ahead, at the time of writing.

The post Brokers tip these 3 ASX 200 shares to return 28% to 38% appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) was up over the month of July.

What's more, reporting season is about to kick off in earnest, which sharpens the focus on broker calls right now.

National Australia Bank Ltd (ASX: NAB), Lynas Rare Earths Ltd (ASX: LYC), and Domino's Pizza Enterprises Ltd (ASX: DMP) all attracted analyst attention.

Let's see why.

Three ASX shares brokers are backing

NAB

NAB shares are down this year.

Despite this, UBS renewed its buy rating with a 12-month price target of $50, implying roughly 20% upside from current levels.

The broker has pointed to an improving net interest margin as the reason the earlier sell-off went too far.

NAB is also the cheapest of the major banks on forward earnings, and its business banking franchise remains the standout asset in the sector.

Lynas

Canaccord Genuity reiterated its buy rating on Lynas shares with a $21 price target.

That points to more than 50% potential upside.

Lynas remains the only significant producer of separated heavy rare earths outside China, which sits at the core of the investment case.

Demand from electric vehicle motors, defence procurement, and wind turbines continues to underpin pricing.

Domino's

Domino's has also attracted attention from brokers in the lead-up to its earnings.

UBS renewed its buy rating but trimmed the price target from $22 to $21.

The broker's caution is understandable given the volatility in this name over recent years.

The business has been deliberately trading short-term sales for stronger long-term franchisee economics. This should reward shareholders in the longer term, although short-term issues may persist.

Did these ASX shares perform in the last earnings period?

NAB reported its first-half FY26 result on 4 May.

Cash earnings were $3,558 million excluding the impact of a software capitalisation policy change, on revenue growth of 3.1%. Net interest margin rose three basis points to 1.81%, and the interim dividend came in at 85 cents per share.

Statutory net profit fell to $2,750 million after a $949 million post-tax notable item.

Lynas posted record June quarter sales revenue of $288.9 million, up 70% on the prior corresponding period.

The average selling price hit a record $98.20 per kilogram, and closing cash finished at $1.2 billion.

Production was the sore point, with NdPr output falling to 1,857 tonnes on ore quality issues at Mount Weld.

Domino's reaffirmed preliminary unaudited underlying net profit after tax of $118 million to $122 million for FY26.

Free cash flow surged to roughly $164 million, a $116.6 million improvement on the prior year.

Offsetting that, the company flagged $259 million of balance sheet write-downs, of which about $246 million is non-cash.

Same-store sales fell 4.1% across the group, though rolling 12-month franchisee EBITDA improved 11.3% in constant currency.

Domino's audited full-year result is due on 26 August.

Foolish Takeaway

These three ASX shares are backed by brokers for very different reasons.

NAB is the valuation call, Lynas is the strategic supply call, and Domino's is the turnaround call.

Each stock carries its own distinct risk.

NAB faces deposit competition and slowing credit growth, Lynas has to prove it can lift production reliably, and Domino's needs its incoming chief executive to deliver.

Investors should know that price targets are a guide rather than a guarantee, and 12 months is a very short horizon in investing.

The post Brokers name 3 ASX shares to buy in August appeared first on The Motley Fool Australia.

Brokers have indicated continuing confidence in several ASX 200 shares this week.

Let's take a look.

National Australia Bank Ltd (ASX: NAB)

The NAB share price is $41.47, up 0.7% today and up 8% over 12 months. 

UBS renewed its buy rating on the ASX 200 bank share with a 12-month price target of $50 today.

This suggests a potential 20% upside ahead.

Liontown Ltd (ASX: LTR)

The Liontown share price is $1.01, down 8.9% today and up 23% over 12 months. 

Morgans reiterated its buy rating on the ASX 200 mining share today.

The broker cut its 12-month price target from $1.70 to $1.40.

This implies potential capital gains of almost 40% ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $57.73, up 3.8% today and up 88% over 12 months. 

Mineral Resources was among the 5 best ASX 200 mining shares of FY26 for share price growth.

Bell Potter reaffirmed its buy rating on Mineral Resources shares today.

The broker cut its price target from $83 to $75, suggesting almost 30% upside ahead.

Genesis Minerals Ltd (ASX: GMD)

The Genesis Minerals share price is $5.65, down 5.7% today and up 48% over 12 months. 

Bell Potter renewed its buy rating on the ASX 200 gold share on Thursday.

The broker reduced its 12-month target from $9.75 to $9.20.

This implies a potential 65% lift over the next year.

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.81, up 0.8% today and down 43% over 12 months. 

Bell Potter renewed its buy rating on Droneshield shares with a $2.50 target this week.

This suggests a potential near-40% upside ahead.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price is $6.26, down 6% today and up 105% over 12 months. 

Canaccord Genuity reiterated its buy rating on the ASX 200 industrial share on Wednesday.

The broker adjusted its price target from $14 to $14.20.

This implies a potential 125% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $13.83, down 1.9% today and up 29% over 12 months. 

Canaccord Genuity reiterated its buy rating yesterday with a price target of $21.

This implies potential capital gains of more than 50% ahead.

Domino's Pizza Enterprises Ltd (ASX: DMP)

The Domino's Pizza share price is $19.84, up 10% today and up 7% over 12 months. 

Dominos released an FY26 earnings update and balance sheet review yesterday.

The company said preliminary unaudited underlying net profit after tax (NPAT) was expected to be between $118 million and $122 million, consistent with previous guidance.

UBS renewed its buy rating on the ASX 200 consumer discretionary share.

The broker cut its 12-month price target from $22 to $21.

This implies potential capital growth of 5% over the next year.

The post 8 ASX 200 shares with strengthened buy ratings this week appeared first on The Motley Fool Australia.

This week I've sifted through the reports released by UBS and come up with two companies their analyst team believes are deeply undervalued.

Let's see who they like.

Lynas Rare Earths Ltd (ASX: LYC)

Lynas shares are up a healthy 51% over the past 12 months but have experienced some weakness over the past three months.

The stock was sold off recently after reporting its fourth quarter results, despite booking $288.9 million in quarterly revenue, significantly up on the $170.2 million it booked for the same quarter last year.

Lynas Chief Executive Officer Pol Le Roux said the quarter, "saw the continued focus on the efficient operation of our $1.5 billion investment in new capacity which was completed as part of the Lynas 2025 growth initiative''.

UBS said the company's production of 1857 tonnes of neodymium fell short of their expected 2200 tonnes, "with the operational weakness impacting sales volumes and in turn revenue''.

UBS added:

Positively, the market continues to improve and combined with LYC's leading position in ex-China rare earths production and focus on heavies will play in LYC's favour into the medium-term.

UBS said Lynas management expressed confidence that their production issues were temporary, "highlighting a combination of work through the flow sheet that will help improve operational performance going forward".

UBS lowered their price target for Lynas shares from $23.45 to $22.75; however, this is still well above the current share price of $15.25. The price target would be a 49% return if achieved.

Westgold Resources Ltd (ASX: WGX)

Westgold's share price performance recently mirrors that of Lynas, with a strong performance over a 12-month period, up 67.4%, but a weaker performance over the past three months also.

But in contrast, Westgold which also reported its quarterly results in past days, beat its guidance, producing 387,354 ounces of gold compared to guidance of 345,000-385,000 ounces.

Westgold Managing Director Wayne Bramwell said it was a defining year for the company.

He added:

Over the past two years, we have simplified our portfolio, focused on our highest return assets and prudently allocated capital on key projects and infrastructure that enables future growth. In FY26, this strategy delivered record annual production of 387,354oz, above our guidance range, achieved our cost guidance, and placed Westgold in the strongest treasury position in its history. Improving operational delivery generated an underlying cash build of $233M for the quarter, with Westgold closing FY26 with $939M in cash, bullion and liquid investments. We remain debt free, unhedged and with the financial strength to fund both organic growth, and ongoing return of capital to our shareholders.

UBS ran the ruler over the results, and lowered its price target on the company due to expected lower gold grades at one of its operations.

UBS now has a price target of $7.75 on Westgold shares, compared to $4.80 currently. This would be a 61.4% return if achieved.

The post 2 ASX mining shares tipped to grow 45% or more in the next 12 months appeared first on The Motley Fool Australia.

Brokers have indicated continuing confidence in several ASX 200 shares this week.

Let's check them out.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $55.06, up 2.7% today.

Mineral Resources was among the 5 best ASX 200 mining shares of FY26 for share price growth.

Morgans reiterated its buy call on the miner with a 12-month price target of $68.

This suggests a potential 24% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $15.24, down 0.9% today.

UBS reiterated its buy rating on Lynas Rare Earths shares with a price target of $22.75.

This implies potential capital gains of 47% ahead.

BHP Group Ltd (ASX: BHP)

The BHP share price is $60.62, up 1.4% today.

Morgan Stanley reaffirmed its buy rating on the market's largest ASX 200 mining share.

The broker has a 12-month target of $67.50, which suggests a potential 12% upside ahead.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is $22.80, up 1.4% today.

Jefferies reiterated its buy rating on the real estate investment trust (REIT) yesterday.

The broker has a 12-month price target of $33.82.

This implies a potential near-50% upside ahead.

Insurance Australia Group Ltd (ASX: IAG)

The IAG share price is $8.46, up 0.2% today.

UBS renewed its buy rating on IAG shares with an $8.80 target.

This implies potential capital growth of 4% for the ASX 200 financial share.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $32.34, down 4.5% today.

Wisetech shares were among the 5 biggest fallers on the ASX 200 in FY26.

Bell Potter reiterated its buy rating on WiseTech shares today with a $71.75 target.

This implies potential capital gains of more than 120% ahead.

Westgold Resources Ltd (ASX: WGX)

The Westgold Resources share price is $4.83, down 0.5% today.

UBS reaffirmed its buy call on the ASX 200 gold share with a 12-month target of $7.75.

This suggests a potential 60% upside ahead.

Zip Co Ltd (ASX: ZIP)

The Zip share price is $2.71, down 2.5% today.

UBS renewed its buy rating on Zip shares this week.

The broker raised its 12-month price target from $3.10 to $4.10.

This suggests more than 50% upside ahead.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is $10.15, down 0.1% today.

Citi reiterated its buy rating on Qantas shares and increased its target price from $10.40 to $11.40.

This implies a potential 12% upside ahead for the ASX 200 airline share.

The post 9 ASX 200 shares with refreshed buy ratings this week appeared first on The Motley Fool Australia.

Shares in the S&P/ASX 200 Index (ASX: XJO) rare earths miner closed yesterday trading for $15.96. In morning trade on Wednesday, shares are changing hands for $15.04 apiece, down 5.8%.

For some context, the ASX 200 is up 0.1% at this same time.

This follows the release of Lynas' fourth-quarter update (Q4 FY 2024).

Investor expectations appear to be high after the strong run higher in Lynas shares over the past year. Despite today's pullback, the share price remains up 48.6% in 12 months.

Here's what's happening.

Lynas shares tumble despite surging revenue

The ASX 200 rare earths stock is under selling pressure despite reporting some solid results.

For the three months to 30 June, Lynas recorded gross sales revenue of $288.9 million, up 69.7% year on year. That marks the miner's highest quarterly revenue since Q4 FY 2022.

Sales receipts of $297.1 million were up 94.6%.

Revenue was boosted by a material increase in the average selling price across all the company's rare earth products, which hit a record $98.2 per kilogram over the quarter. Management credited improved NdPr (Neodymium-Praseodymium) pricing, an increased mix of heavy rare earth sales, and increased premiums over the market index.

The quarter saw Lynas produce 3,481 tonnes of total rare earth oxide (REO), up 8% from the prior corresponding quarter. But Lynas shares could be facing some pressure with NdPr production of 1,857 tonnes, down 11% year on year.

Over the quarter, Lynas' CAPEX, exploration, and development costs totalled $27.8 million.

Turning to the balance sheet, as at 30 June, Lynas held $1.21 billion in cash and short-term deposits, up more than 600% year on year.

What did management say?

Commenting on the results that have yet to lift the Lynas share price today, interim CEO Pol Le Roux said:

The June quarter 2026 saw the continued focus on the efficient operation of our A$1.5 billion investment in new capacity which was completed as part of the Lynas 2025 growth initiative. This includes the ramp up of the expanded Mt Weld processing plant and addressing bottlenecks at the Kalgoorlie Rare Earths Processing Facility.

Le Roux also pointed to the growth potential on offer from Lynas' Samarium oxide operations.

He noted:

Following production of the first Samarium oxide in March 2026, we have received strong customer demand and the customer qualification process is underway. Samarium is used in high performance magnets for electronics and aerospace as well as optical, catalyst and medical applications. The first customer orders are expected to be fulfilled in the current quarter (Q1 FY27).

The post Why are Lynas shares getting hammered on Wednesday? appeared first on The Motley Fool Australia.

What did Lynas Rare Earths report?

• Quarterly gross sales revenue of A$288.9 million, up 70% year on year
• Sales receipts reached A$297.1 million
• Closing cash and short term deposits of A$1,209.1 million
• Total Rare Earth Oxide (REO) production: 3,481 tonnes
• Average selling price hit a record A$98.2 per kg
• Cash payments for CAPEX, exploration, and development totalled A$27.8 million

What else do investors need to know?

Lynas delivered its highest quarterly revenue since Q4 FY22, buoyed by increased demand and higher prices for rare earth products, especially NdPr and heavy rare earths. The company ramped up production at its expanded Mt Weld processing plant and addressed bottlenecks at its Kalgoorlie facility.

During the quarter, Lynas launched commercial production of Samarium oxide and progressed its HRE expansion project in Malaysia. The company also announced a long-term supply and investment partnership with JS Link, which includes supporting the construction of a rare earth magnet factory in Malaysia and supplying rare earth materials under an exclusive agreement until 2038.

What did Lynas Rare Earths management say?

Interim Chief Executive Officer Pol Le Roux said:

I am pleased to present my first quarterly report to shareholders since commencing as interim Chief Executive Officer on 1 July 2026. The June quarter 2026 saw the continued focus on the efficient operation of our A$1.5 billion investment in new capacity which was completed as part of the Lynas 2025 growth initiative. This includes the ramp up of the expanded Mt Weld processing plant and addressing bottlenecks at the Kalgoorlie Rare Earths Processing Facility.

What's next for Lynas Rare Earths?

Lynas continues to progress its expanded heavy rare earth processing facility in Malaysia, with production of Gadolinium targeted for early FY28. The company remains committed to its 'Towards 2030' growth strategy by partnering with global magnet makers and diversifying outside China supply chains.

Management expects strong customer demand for new products like Samarium oxide, with first orders anticipated in Q1 FY27. Lynas is also focused on further improving ore recovery and scaling production capacity to support critical manufacturing industries worldwide.

Lynas Rare Earths share price snapshot

Over the past 12 months, Lynas Rare Earths shares have risen 58%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

View Original Announcement

The post Lynas Rare Earths: June quarter earnings break records appeared first on The Motley Fool Australia.

Will the market be able to push on from this on Wednesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set for a good session on Wednesday following a strong night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 22 points or 0.25% higher. In the United States, the Dow Jones rose 0.75%, the S&P 500 climbed 0.9%, and the Nasdaq stormed 1.3% higher.

Oil prices rise again

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have another good session on Wednesday after oil prices charged higher again overnight. According to Bloomberg, the WTI crude oil price is up 2.1% to US$84.99 a barrel and the Brent crude oil price is up 2.6% to US$91.51 a barrel. Traders bid oil prices to five-week highs following reports of more US-Iran attacks.

Buy Hub24 shares 

Bell Potter sees lots of value in Hub24 Ltd (ASX: HUB) shares following the release of its quarterly update. This morning, the broker retained its buy rating and $110.00 price target on the investment platform provider's shares. This implies potential upside of 35% for investors. It commented: "Our Buy recommendation is unchanged. Class is improving, with superannuation net inflows growing as a share, and boosting the result. The addition of retirement income streams (TAL) should support this trend and the result leaves FY27 target parts intact."

Gold price rebounds

ASX 200 gold shares Westgold Resources Ltd (ASX: WGX) and Northern Star Resources Ltd (ASX: NST) could have a good session on Wednesday after the gold price rebounded. According to CNBC, the gold futures price is up 1.8% to US$4,088.5 an ounce. The precious metal climbed amid hopes that there could be a de-escalation in Middle East tensions.

Quarterly updates

There are a number of ASX 200 shares that are scheduled to release quarterly updates on Wednesday. This includes gold miner Westgold Resources, rare earths producer Lynas Rare Earths Ltd (ASX: LYC), and uranium producer Paladin Energy Ltd (ASX: PDN).

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

Well, listed below are seven ASX 200 shares that brokers currently rate as buys.

Life360 Inc (ASX: 360)

Citi remains positive on Life360 and has retained its buy rating on the location-sharing technology company.

The broker has also lifted its price target to $31.95 from $28.25, which compares with the latest share price of $27.01.

Citi expects growth to accelerate as the year progresses, suggesting there could be more upside if Life360 continues converting its large user base into stronger revenue and earnings.

The broker's price target implies potential upside of around 18%.

Domino's Pizza Enterprises Ltd (ASX: DMP)

Ord Minnett has retained its buy rating on Domino's Pizza Enterprises, although it has trimmed its price target to $21.00 from $22.00.

Even after the reduction, the broker still sees potential upside of approximately 29%. This suggests Ord Minnett believes the market may be too negative on the pizza chain's recovery prospects.

Flight Centre Travel Group Ltd (ASX: FLT)

UBS remains positive on Flight Centre Travel Group.

The broker has retained its buy rating and $14.70 price target on the travel company's shares, which are currently trading at $12.60.

That suggests potential upside of around 17%.

UBS is also forecasting a dividend of 43 cents per share in FY 2027, which represents a dividend yield of 3.4%.

Genesis Minerals Ltd (ASX: GMD)

Bell Potter has retained its buy rating on Genesis Minerals shares following the announcement of plans to merge with fellow gold miner Vault Minerals Ltd (ASX: VAU).

The broker has trimmed its price target slightly to $9.75 from $9.90.

That still sits well above the latest Genesis share price of $5.78, implying potential upside of close to 70%.

Goodman Group (ASX: GMG)

Citi continues to back Goodman Group.

The broker has retained its buy rating and $40.00 price target on the industrial property giant's shares.

With Goodman shares trading at $30.68, that points to potential upside of around 30%.

Citi expects the company to upgrade its earnings per share growth guidance ahead of its results in August.

Lynas Rare Earths Ltd (ASX: LYC)

Macquarie has retained its outperform rating and $22.00 price target on Lynas Rare Earths.

This follows the rare earths company's announcement of a long-term partnership with JS Link to develop a 3ktpa NdFeB permanent magnet facility in Malaysia.

Based on the latest share price of $16.91, Macquarie's price target implies potential upside of around 30%.

REA Group Ltd (ASX: REA)

Finally, Morgans remains positive on REA Group and has retained its buy rating on the property listings company.

And while it has reduced its price target to $199 from $219, this still implies potential upside of approximately 35% from where its shares currently trade..

Morgans believes management has levers it can pull to help offset softer listing volumes.

The post 7 ASX 200 shares given buy ratings this week appeared first on The Motley Fool Australia.

S&P/ASX 200 Index (ASX: XJO) shares rose by 2.77% and provided total gross returns (including dividends) of 7% in FY26.

Thirteen ASX 200 shares doubled in value — or better — over the 12 months.

Three of them were ASX 200 gold miners, which benefited from an 18% rise in the gold price last year.

Four were lithium miners, which generated turbocharged earnings amid a 278% lift in the spodumene price and a 160% rise in the carbonate price over FY26.

While healthcare was the worst-performing sector, the ASX 200's fastest rising stock came from it and blasted 1,786% higher!

Let's check out this group of ASX 200 double baggers for FY26.

Double-baggers of FY26

1. 4DMedical Ltd (ASX: 4DX)

This ASX healthcare share skyrocketed 1,786% in FY26 to close out the year at $4.53.

The respiratory imaging technology company gained US Food and Drug Administration (FDA) approval for its CT:VQ product in September 2025.

CT:VQ has since been deployed at several well-known academic hospitals and clinics.

One broker thinks there is more room to run for 4DMedical shares in FY27.

2. Minerals 260 Ltd (ASX: MI6)

This ASX 200 gold share ripped 508% to finish FY26 at 73 cents.

Minerals 260 is building the Bullabulling Gold Project near Kalgoorlie in Western Australia's Eastern Goldfields region.

3. Elevra Lithium Ltd (ASX: ELV)

This ASX 200 lithium share flew 327% to $9.60 over FY26.

Elevra has a globally diversified portfolio of mines and projects across Québec, North Carolina, Ghana, and Western Australia.

4. PLS Group Ltd (ASX: PLS)

This fellow ASX lithium share leapt 275% to close out FY26 at $5.02.

The company's flagship project is Pilgangoora, the world's largest independent hard-rock lithium mine.

Formerly known as Pilbara Minerals, PLS Group was the best performer among the ASX 200 large-cap shares last year.

5. Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price increased 261% to close the year at $10.30.

This made Electro Optic the best-performing stock of the industrials sector in FY26.

The company specialises in defence technology, advanced weapon systems, and counter-drone solutions.

6. Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price rose 188% in FY26.

The ASX large-cap mining share finished the year at $62.07.

Value investors returned to Mineral Resources after corporate governance and financial problems crushed the stock in FY25.

Mineral Resources reported its best half-year result ever for 1H FY26. The miner reported record revenue of $3.1 billion and EBITDA of $1.2 billion due to rising lithium prices and the successful ramp-up of its Onslow iron ore project.

7. NRW Holdings Limited (ASX: NWH)

This ASX 200 industrials share soared 149% to finish the year at $7.44.

8. Liontown Ltd (ASX: LTR)

This ASX 200 lithium share rose 142% to finish the year at $1.69.

For 1H FY26, Liontown reported doubled revenue after a 70% lift in spodumene production.

In 3Q FY26, Liontown became cash flow positive and hit its 1.5Mtpa annualised underground run-rate ahead of schedule.

9. SRG Global Ltd (ASX: SRG)

This ASX 200 industrials share rose 136% to finish the year at $3.98.

10. Codan Ltd (ASX: CDA)

This ASX 200 tech share lifted 119.5% to finish the year at $44.14.

ASX 200 tech shares tanked in FY26, with only four finishing the year in the green.

11. Kingsgate Consolidated Ltd (ASX: KCN)

This ASX 200 gold share rose 119% to finish the year at $4.95.

12. Lynas Rare Earths Ltd (ASX: LYC)

This ASX 200 rare earths share increased 115% to close out the year at $18.06.

An 80% lift in the neodymium price, and restricted rare earths exports out of China helped Lynas shares grow in FY26.

13. Alkane Resources Ltd (ASX: ALK)

This ASX 200 gold share rose 92% to finish the year at $1.37.

The post 13 ASX 200 shares that doubled in value in FY26 appeared first on The Motley Fool Australia.

What did Lynas Rare Earths report?

• Signed a long-term partnership agreement with JS Link for a Malaysian magnet factory
• Lynas to invest A$50 million in ordinary equity of JS Link (approx. 4.58% stake)
• New magnet factory in Kuantan, Malaysia, will have a 3,000 tonne per annum capacity
• Lynas will exclusively supply rare earth materials to JS Link's Korean and Malaysian plants until January 2038
• The new factory is expected to create up to 400 jobs in Malaysia

What else do investors need to know?

The new magnet factory will be located near Lynas' existing advanced materials plant in Kuantan. This strategic location is expected to support both the local economy and Lynas' expansion in the region.

Magnets produced at the new site are set to supply key manufacturing industries, including automotive, wind energy, and electronics, targeting markets in Korea, Malaysia, and beyond.

Lynas' equity investment in JS Link will be subject to a three-year escrow period, reflecting a longer-term commitment to this partnership.

What did Lynas Rare Earths management say?

Lynas Rare Earths Interim CEO Pol Le Roux said:

This partnership brings together Lynas' rare earths processing expertise with JS Link's magnet manufacturing capability to create a new manufacturing industry in Malaysia. This is an exciting project for the development of a sustainable rare earths industry in Malaysia and delivers on our Towards 2030 growth objective of expanding into the outside China metal and magnet supply chain.

What's next for Lynas Rare Earths?

Lynas continues to focus on expanding its presence in the rare earths supply chain outside of China, supporting global demand for sustainable technology inputs. The partnership with JS Link underpins its "Towards 2030" strategy and may help cement Lynas' position as a key supplier in the automotive and clean energy markets.

As construction of the new factory progresses, investors will be watching for updates on timelines, job creation, and the ramp-up of production to meet demand across key growth industries.

Lynas Rare Earths share price snapshot

Over the past 12 months, Lynas Rare Earths shares have risen 122%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

View Original Announcement

The post Lynas Rare Earths inks $50m deal for new Malaysian magnet factory appeared first on The Motley Fool Australia.

Here, we look at which ASX 200 large-cap shares achieved the most capital growth last year. 

Large-cap stocks have a market capitalisation of $10 billion or more.

Many investors favour ASX 200 large-cap shares because they are typically well-established companies that pay reliable dividends.  

Let's check out last year's best six performers. 

Best ASX 200 large caps for share price growth

1. PLS Group Ltd (ASX: PLS)

Formerly known as Pilbara Minerals, PLS Group is the largest lithium miner on the ASX 200. 

The PLS Group share price ripped 275% in FY26. 

The ASX 200 large-cap lithium share closed out FY26 at $5.02.   

The company's flagship is the Pilgangoora Operation, the world's largest independent hard-rock lithium mine. 

Like all ASX lithium shares, PLS Group benefited from surging commodity prices in FY26. 

Lithium spodumene soared 278%, and carbonate rose 160% over the financial year.  

2. Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price rebounded strongly in FY26, rising 188%.  

Mineral Resources produces lithium and iron ore, and offers a raft of specialised services to other miners. 

The ASX 200 large-cap mining share finished the year at $62.65. 

Value investors returned to Mineral Resources shares in FY26 after corporate governance and financial problems pushed the share price to a 5-year low of $14.05 in April 2025. 

Mineral Resources stopped paying dividends to save cash and reported its strongest half-year result ever for 1H FY26.

Soaring lithium prices and the ramp-up of its Onslow iron ore project contributed to the company's stronger earnings. 

3. Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price ripped 115.26% higher in FY26.

The ASX 200 large-cap rare earths share finished the year at $18.06 apiece.  

The Lynas share price had several tailwinds last year. 

Firstly, restricted exports from China amid rising trade and geopolitical tensions continued to push commodity values higher. Neodymium was among them, rising 80%.  

This helped Lynas deliver an impressive 1H FY26 report, with net profit after tax (NPAT) jumping from $5.9 million to $80.2 million year over year.

Arguably, the most important company-specific catalyst for share price growth in FY26 was the long-term extension of Lynas' supply agreement with Japan Australia Rare Earths B.V. (JARE) through to 2038.

The deal included a US$110 per kilo floor price for neodymium-praseodymium (NdPr) oxide and annual purchase commitments.

4. BHP Group Ltd (ASX: BHP)

The BHP share price soared 61.63% in FY26.

The ASX 200 large-cap mining share also took back its crown as the market's largest listed company during the year. 

The BHP share price finished FY26 at $59.40. 

A rising copper price, which hit a record US$6.60 per pound in May, contributed to BHP's strong share price rise last year.  

While the Big Australian is still a major iron ore producer, it is now also the world's largest copper producer.

In 1H FY26, copper accounted for more than half of BHP's underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA). 

5. Rio Tinto Ltd (ASX: RIO)

The Rio Tinto share price roared 61.03% higher in FY26. 

Rio Tinto is also a major iron ore producer, but has diversified into lithium and copper in recent years. 

In FY26, lithium and copper were among the fastest-rising commodities relevant to Australia. 

This helped push the ASX 200 large-cap mining share to a closing price of $172.51 on 30 June. 

6. Newmont Corporation CDI (ASX: NEM)

The Newmont Corporation share price increased 54.07% in FY26. 

The ASX 200 large-cap gold share benefited from a resilient gold price last year. 

The gold price rose by 18% in FY26, which was a far more subdued performance compared to FY25. 

Newmont shares finished the financial year at $134.52 apiece. 

The post 6 ASX 200 large-cap shares that rose 60% to 275% in FY26 appeared first on The Motley Fool Australia.

Shares in the S&P/ASX 200 Index (ASX: XJO) rare earths miner were recently trading for $18.53 apiece. That sees the Lynas share price up an impressive 115.2% over the past 12 months, smashing the 2.7% gains delivered by the benchmark index over this same period.

But with the stock having more than doubled in value over a year – and more than tripled investors' money in two years – should I still buy shares today?

Lynas shares: Buy, hold or sell?

Fairmont Equities' Michael Gable recently ran his slide rule over the ASX 200 miner (courtesy of The Bull).

"Rare earths miners appeal as western nations strive to diversify their supply of these metals away from China," he noted.

"LYC is the largest producer outside of China and is best placed to benefit from an increase in demand," Gable added.

But despite quarterly sales growth and a potential uptrend ahead, he issued a hold recommendation on Lynas shares for now.

According to Gable:

Gross sales revenue of $265 million in the third quarter of fiscal year 2026 was up from $201.9 million in the second quarter. In our opinion, share price consolidation appears to be ending in favour of a new uptrend moving forward. The shares have risen from $9.20 on June 26, 2025 to trade at $18.43 on June 25, 2026.

What's the latest from the ASX 200 rare earths stock?

Lynas released its March quarterly update on 21 April.

The 31.3% quarter on quarter gross sales revenue increase Gable mentioned above (up 115% year-on-year) was the strongest quarterly revenue result in almost four years.

The big lift was spurred by a 25% increase in the average Neodymium-Praseodymium (NdPr) selling price alongside higher volumes of rare earth sales.

Over the quarter, Lynas reported total rare earth oxide (REO) production of 3,233 tonnes. That included 1,996 tonnes of NdPr.

The three-month period also saw the miner achieve its maiden Samarium oxide production, which came in ahead of schedule. This makes Lynas the only commercial producer and supplier of both light and heavy rare earths outside China.

On the balance sheet, the company ended the quarter with closing cash and short-term deposits of $1.07 billion.

"Our ramp up has delivered strong production and sales outcomes, with key initiatives positioning Lynas for the future and strengthening business resilience," Lynas CEO Amanda Lacaze said.

Amid high investor expectations, Lynas shares closed down 2.1% on the day of the results release.

The post Lynas shares have more than doubled investors' money in a year. Is the ASX rare earths stock still a buy? appeared first on The Motley Fool Australia.

Among the 11 market sectors, technology is in the lead today, up 0.9%.   

The materials sector is the laggard, down 1.2% today. 

Meanwhile, on The Bull this week, two experts give us their views on three ASX 200 shares.

Let's check them out. 

Aristocrat Leisure Ltd (ASX: ALL)

The Aristocrat Leisure share price is $60.80, up 0.5% today and down 6.7% over FY26.  

Stuart Bromley from Medallion Financial Group has a buy rating on this ASX 200 consumer discretionary share. 

Bromley said:  

Aristocrat is a gaming content creation company. It holds market leading positions across land based gaming and digital social casino.

The company recently announced a substantial and extended on-market share buy-back, signalling management's confidence in the underlying business and providing a meaningful tailwind to earnings per share (EPS) growth.

Combined with strong cash generation, disciplined capital allocation and ongoing digital expansion opportunities, we believe Aristocrat offers quality, growth and appealing shareholder returns.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $17.69, down 4.5% today and up 105% over FY26.  

Michael Gable from Fairmont Equities has a hold rating on this ASX 200 rare earths share. 

Gable said: 

Rare earths miners appeal as western nations strive to diversify their supply of these metals away from China. 

LYC is the largest producer outside of China and is best placed to benefit from an increase in demand.

Gross sales revenue of $265 million in the third quarter of fiscal year 2026 was up from $201.9 million in the second quarter.

In our opinion, share price consolidation appears to be ending in favour of a new uptrend moving forward. 

The shares have risen from $9.20 on June 26, 2025 to trade at $18.43 on June 25, 2026.

Commonwealth Bank of Australia (ASX: CBA)

The CBA share price is $165.17, up 1% today and down 10.6% over FY26.  

Bromley has a sell rating on this ASX 200 bank share.  

He explained:  

CBA remains one of Australia's premier financial institutions and has consistently demonstrated exceptional execution, profitability and balance sheet strength.

However, we believe the current valuation has become increasingly difficult to justify. The stock is trading at a significant premium to domestic and global banking peers despite relatively modest earnings growth expectations.

We believe future returns are likely to be constrained by the elevated valuation. Better value opportunities exist elsewhere in the market.

The post Buy, hold, sell: Aristocrat Leisure, Lynas Rare Earths, CBA shares appeared first on The Motley Fool Australia.